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20100901
20100930
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WETA 3
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Search Results 0 to 7 of about 8 (some duplicates have been removed)
PBS
Sep 8, 2010 6:36pm PDT
. as we continue our "budget blues" series tonight, jeff yastine tells us how the lack of tax revenue means higher taxes and fewer services for people in the sunshine state. >> reporter: the human impact of the housing bust is well known-- unemployment, families uprooted, and a steep decline in home prices. now, the financial impact is coming home to roost. south florida is home to many examples, like the city of miami. >> this city has to function, and i don't think any of you want to see this city not function. >> reporter: last week, the city of miami called an emergency budget meeting to consider the unthinkable-- cuts in pay and pension benefits for police and fire-rescue crews. >> when considering voting on cuts in benefits, i would ask the commissioners the following question: how much would you have to be paid in order to risk the thought of not seeing your children or loved ones again, or to save a complete stranger? >> and i am confident that the experiment that is being played on city of miami employees is neither just nor legal. >> reporter: faced with plugging a $105 mill
PBS
Sep 8, 2010 7:00pm PDT
our economy into a ditch, or do we keep moving forward with policies that are slowly pulling us out? >> reporter: too slowly, republicans fired back. on jobs, republican leader john boehner argued the president's policies are the problem, and a few new ideas won't change that. >> until this uncertainty and spending is under control... i don't think these are going to have much impact. >> reporter: what does all this politicking mean for your bottom line? first, on those new proposals from the president: $50 billion in infrastructure spending, an expansion and extension of the research and development tax credits, and 100% expensing of new equipment. the last is most likely to become law, and even that analysts consider a long shot. second, whatever the election outcome, there will be less help coming for the economy. goldman sachs washington analyst alec philips says that's one reason his firm is downgrading their economic forecast for 2011. >> there's really three things happening there. one is the fading effect of the 2009 fiscal stimulus bill. number two is our concern that congr
WETA
Sep 30, 2010 6:30pm EDT
. joining us now with more on h-p is tom smith, equity analyst at standard and poor's. hi, tom. >> hi, thanks for having me. >> susieso is leo apotheker the right person for this job. >> hp could have chosen from all across silicon valley and they chose him. he is a guy with some stormy tenure in his last days at hp but he knows software deeply as does ray lane and i think he can steer the company in a useful direction by taking them into software. >> susie: so actually that is interesting. both-of-these two new top executives have software expertise. do you think that means that hp is going to move more in that direction and away from hardware and services? >> well, i think so. i think they have recently built up the services through the eds acquisition and hardware through 3come, the palm, the three par acquisitions this area and some others. so i think they are really set up well in hardware to expand in a comprehensive data center offering. but you want hardware software and services and software where they are looking-- lacking in terms of what shows as a percentage of total reve
Search Results 0 to 7 of about 8 (some duplicates have been removed)